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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (711804)4/24/2013 8:51:17 PM
From: Wayners1 Recommendation  Respond to of 1571613
 
The Boston Bombers were a sleeper cell. If I had said 3 weeks ago there are sleeper cells in the U.S. you would have written the same thing and been WRONG.



To: combjelly who wrote (711804)4/24/2013 10:52:17 PM
From: i-node1 Recommendation  Read Replies (2) | Respond to of 1571613
 
>> There is no proof that a high debt load has all of the negative effects you claim.

Of course there is. At some point, you can't pay your debt.

You have to keep in mind our "debt load", when properly accounted for, amounts to close to $100 Trillion. That money has to be paid if we don't want seniors to end up living in abject poverty and without health insurance. Trillions in pension plans are broke ($4-5T in state pensions alone). Those old people who think they have pensions today are going to wake up broke. And then, of course, there is inflation, which will come because the Fed is printing money like it is nothing.

It will begin just as the 2008 crisis began. Ostensibly small problems growing overnight into massive ones. The first time a major lender says, "We don't want any more", we are finished. Paul Krugman is too fucking stupid to realize this rather obvious fact. We can experience a little pain now or leave it for our descendants. I choose to absorb the pain now. Krugman and you prefer to leave it to our kids.

This stuff is just way, way way over your head. And Krugman's. You cannot deal with economics rationally if your view is clouded by your ideology.



To: combjelly who wrote (711804)4/24/2013 11:31:12 PM
From: Wayners  Respond to of 1571613
 
Name a single person, company, institution, or country that has gotten rich off of being a debtor? Those that loan the money at interest are the ones that get rich. Keep running your credit cards up in your own household fool. In your eyes you're rich. The rest of see you for the fool you really are.



To: combjelly who wrote (711804)4/25/2013 2:29:02 PM
From: longnshort3 Recommendations  Respond to of 1571613
 
FBI Investigators “Stunned” When Interrogation With Dzhokhar Interrupted by DOJ Lawyers (Video) nicedeb 8 80